Need more help?

In Focus

BusinessPulse helps business owners increase their revenue and reduce their costs by offering support at each stage of their business. Providing transparent information and practical advice on how to grow their business and take it to the next level.

Dr Ravi Pillai, chairman of RP Group of Companies, said on Saturday revealed it plans to build four new projects, which includes a three-million square feet mixed-use development on Sheikh Zayed Road that will house a five-star hotel, serviced apartments, residences and a retail precinct.

Other new projects include a five-star luxury hotel in Dubai Marina, which will be operated by Crowne Plaza; a four-star hotel in Bur Dubai to be operated by India's ITC Group and a serviced apartment complex close to Downtown Dubai.

Property prices in Dubai have risen by over 20 per cent in 2013 and are expected to see increase of another 10 to 15 per cent this year. Besides, in the run-up to Expo 2020, which the emirate won in November 2013, total investment in infrastructure-related projects is estimated at Dh25 billion with the Expo injecting over Dh140 billion in Dubai's gross domestic product, creating 277,000 new jobs and drawing over 25 million visitors to the country.

"This year, the focus of our expansion programmes is to further strengthen our footprint both in oil and gas and non-oil sectors, thus effectively partnering with the growth strategy of the regional governments. This is reflected in our new developments in Dubai, which is currently further investing in the hospitality sector as part of the infrastructure development programmes in preparation to host the World Expo 2020," said Dr Pillai.

RP Group will also be opening two new offices in Kuwait and Oman, where it is finalizing contracts in the oil and gas sector, as well as two hotels in Saudi Arabia.

"We will build two 5-star deluxe hotels in Jubail and Dammam, Saudi Arabia, where the overall business growth has led to stronger demand for hotels and serviced apartments."

Dr Pillai added their expansion plans are envisaged to support the local economies and catalyse social and economic development and is expected to create nearly 25,000 new jobs in the Gulf.

Zawya Comment Policy

Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.1.6 Give the impression that they represent Zawya.1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.

The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.

Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.